Where are we? 2019., page-89

Lifx was just speculation on my behalf. Considering synergy with BUD, Aussie connection, helps BUD diversifying in other areas of IOT segment etc etc... 4C commentary suggests this proposed acquisition would add material revenue so it's a plausible proposition.

or there could be some control/automation player?? 4C commentary also refers on this gap so either BUD may develop something in-house or buy a small/reputable player to bridge the gap?